It’s April 21, and another Dodd-Frank deadline has come and gone. Today was the day the Fed's regulations on debit card transaction fees, also known as interchange fees, were supposed to be finalized. Hasn't happened.

The strange thing about this campaign is that debit cards aren't in danger—not from the proposed regulations, at least. Some consumers participating in the #savemydebitcard campaigndon't seem to know that.

Those are all things that the proposed rules wouldn't actually change. The Fed's plan would limit the size of the per-transaction fees that merchants give to banks—and that's only for banks with more than $10 billion in assets.

Merchants and banks have given indications of how this fee cap would affect consumers. Merchants have promised that what they save in fees will result in lower costs to consumers. Of course that's not guaranteed to happen, and not everyone buys that it will.

Big banks also have made timely contributions to the campaign coffers of Sen. Jon Tester, the Montana Democrat who proposed the legislation to delay the rule. Here's The Hill:

Six days after Tester introduced his legislation, which would delay implementation of the regulations by between 12 months and 18 months, executives at TCF Financial gave his campaign nearly $16,000 in contributions, including $9,000 from the company's political action committee.

That same day, Tester received $500 contributions from two executives at Wells Fargo; $2,500 from Richard Davis, president and CEO of US Bancorp, as well as $1,000 from the company's political action committee; $1,000 from Bank of America's PAC; and $1,500 from Discover Financial Services' PAC.

A few days later, the American Bankers Association delivered a $5,000 contribution.

All the lobbying has resulted in a good amount of spin. Some consumers still seem utterly confused about the regulation and about who would benefit.

"Keep the Government from taking more of our good hard earned money," wrote one Twitter user. Wrote another: "I love my debit card because I am able to use my money for things I need rather than pay for all those bank ceo 'bonuses.'"

It’s April 21, and another Dodd-Frank deadline has come and gone. Today was the day the Fed's regulations on debit card transaction fees, also known as interchange fees, were supposed to be finalized. Hasn't happened.

The strange thing about this campaign is that debit cards aren't in danger—not from the proposed regulations, at least. Some consumers participating in the #savemydebitcard campaigndon't seem to know that.

Those are all things that the proposed rules wouldn't actually change. The Fed's plan would limit the size of the per-transaction fees that merchants give to banks—and that's only for banks with more than $10 billion in assets.

Merchants and banks have given indications of how this fee cap would affect consumers. Merchants have promised that what they save in fees will result in lower costs to consumers. Of course that's not guaranteed to happen, and not everyone buys that it will.

Big banks also have made timely contributions to the campaign coffers of Sen. Jon Tester, the Montana Democrat who proposed the legislation to delay the rule. Here's The Hill:

Six days after Tester introduced his legislation, which would delay implementation of the regulations by between 12 months and 18 months, executives at TCF Financial gave his campaign nearly $16,000 in contributions, including $9,000 from the company's political action committee.

That same day, Tester received $500 contributions from two executives at Wells Fargo; $2,500 from Richard Davis, president and CEO of US Bancorp, as well as $1,000 from the company's political action committee; $1,000 from Bank of America's PAC; and $1,500 from Discover Financial Services' PAC.

A few days later, the American Bankers Association delivered a $5,000 contribution.

All the lobbying has resulted in a good amount of spin. Some consumers still seem utterly confused about the regulation and about who would benefit.

"Keep the Government from taking more of our good hard earned money," wrote one Twitter user. Wrote another: "I love my debit card because I am able to use my money for things I need rather than pay for all those bank ceo 'bonuses.'"